‘Slow but continual recovery’ predicted for healthcare REITs: Fitch
By
Kathleen Steele Gaivin
Jan 02, 2024
US healthcare real estate investment trusts should experience a slow but continual recovery in 2024, a new analysis from Fitch Ratings predicts
CVS Health invests $8.4 million in construction of affordable senior housing in Maine
By
Kathleen Steele Gaivin
Jun 21, 2023
An $8.4 million investment from CVS Health will yield 52 affordable housing units for older adults in Portland, ME.
Strawberry Fields REIT plans $102 million purchase of 18 SNFs, 5 ALs
By
Kathleen Steele Gaivin
Jun 16, 2023
Senior living and care real estate investment trust Strawberry Fields REIT, based in South Bend, IN, plans to expand its portfolio with a $102 million purchase of 18 skilled nursing facilities and five...
Ensign Group boosts footprint in Washington, Colorado
By
Kathleen Steele Gaivin
Aug 03, 2023
San Juan Capistrano, CA-based Ensign Group on Monday added to its portfolio three skilled nursing facilities in Washtinton state and another in Colorado. In each case, the real estate was acquired by a...
Older workers’ on-the-job injuries most expensive: report
By
Kathleen Steele Gaivin
Jul 26, 2023
Workers aged 60 or more years are injured less often on the job than workers in most other age groups, but their injuries cost the most to treat. That’s according to a report from insurance company Travelers.
Welltower codifies ESG initiatives in formal policy
By
Kathleen Steele Gaivin
Jun 28, 2024
Welltower has formalized its environmental, social and governance commitment in a board-approved ESG policy, according to the Toledo, OH-based real estate investment trust’s annual ESG report, released...
Larry H. Miller Company creates platform for senior living and care expansion
By
Kathleen Steele Gaivin
Mar 31, 2023
The Sandy, UT-based Larry H. Miller Company is expanding its business platform to include skilled nursing, assisted living, home health and hospice with the creation of Larry H. Miller Senior Health.
Brightview Senior Living to use $202 million fund to develop new properties
By
Kathleen Steele Gaivin
Dec 12, 2022
Baltimore-based Brightview Senior Living has raised $202 million in a new fund that the company will use to develop eight or nine new senior living communities over the next three years, CEO and President...
After $423M IPO, PACS Group looks to grow
By
Kathleen Steele Gaivin
May 15, 2024
Fresh off an initial public offering yielding net proceeds of $423 million, PACS Group is looking for opportunities to expand, CEO Jason Murray said Tuesday during the Farmington, UT-based holding company’s...
Greene Park Capital launches senior investment platform
By
Kathleen Steele Gaivin
Feb 24, 2023
Chicago-based Greene Park Capital has launched a senior living investment platform to “focus on maximizing value by combining our access to capital and deep investment pipeline that includes strong real...